Committee for a Responsible Federal Budget

Committee for a Responsible Federal Budget (CRFB) is a nonpartisan fiscal-policy nonprofit that advocates for deficit reduction and long-term budget sustainability, led by president Maya MacGuineas. CRFB regularly publishes analyses and long-term debt projections used by policymakers and media.

Claims from Committee for a Responsible Federal Budget

Committee for a Responsible Federal Budget"Social Security's retirement trust fund will be insolvent in just seven years – by late 2032 – at which point benefits will be cut automatically by 24 percent across the board if nothing is done to prevent it."Aug 21, 2025

Controversy:Will Social Security Face Benefit Cuts or Major Restructuring?

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Committee for a Responsible Federal Budget"In just eight years, all retired beneficiaries, regardless of age or need, will face an across-the-board 23 percent benefit cut unless necessary reforms are enacted."Jun 18, 2025

Controversy:Will Social Security Face Benefit Cuts or Major Restructuring?

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Committee for a Responsible Federal Budget"We estimate that this would be equal to an $18,100 annual benefit cut for a dual-earning couple retiring at the start of 2033 – shortly after trust fund insolvency."Jul 29, 2025

Controversy:Will Social Security Face Benefit Cuts or Major Restructuring?

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Committee for a Responsible Federal Budget"The Social Security Old-Age and Survivors Insurance trust fund will run out of reserves by 2033 – when today’s youngest retirees turn 70 – leading to an immediate 24 percent benefit cut under the law."Mar 27, 2025

Controversy:Will Social Security Face Benefit Cuts or Major Restructuring?

Committee for a Responsible Federal Budget

Claims from Committee for a Responsible Federal Budget

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